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Strata title is a form of ownership and housing tenure devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word "strata" refers to apartments on different levels. Strata title was first introduced in 1961 in the state of New South Wales, Australia, to better cope with the legal ownership of apartment ...
The owners corporation must prepare and keep a strata roll in accordance with section 96 of the Strata Schemes Management Act 1996 including the name and addresses of all lot owners, tenants, mortgagees, the original owner and the managing agent, the units of entitlement, insurance details and the by-laws for the strata scheme. [8]
Housing cooperatives fall into two general tenure categories: non-ownership (referred to as non-equity or continuing) and ownership (referred to as equity or strata). In non-equity cooperatives, occupancy rights are sometimes granted subject to an occupancy agreement, which is similar to a lease.
And other details if the property is strata-titled. Western Australia: In Western Australia only the basic rules apply. But if the property is strata-titled, the strata plan's copy, the strata scheme by-laws and the unit entitlement should be available to property dealer. Tasmania: Any information about building, electrical/plumbing work
Australian property law, or property law in Australia, are laws that regulate and prioritise the rights, interests and responsibilities of individuals in relation to "things" (property). These things are forms of "property" or "rights" to possession or ownership of an object.
The role of the Minister for Planning in NSW, as well as the administrative functions of the New South Wales Department of Planning; Strategic plan making functions, either through a State Environmental Planning Policy, Local Environmental Plan or Development Control Plan; Environmental assessment functions: and
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
Property and Development NSW is a statutory body of the Government of New South Wales that manages the State's significant property portfolio and its places. Formed on 1 July 2016, Property NSW encompasses the entities of the former Government Property NSW (GPNSW), the former Sydney Harbour Foreshore Authority (SHFA), Teacher Housing Authority of NSW (THA) and Waste Assets Management ...